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Employers To Embrace Arbitration After 3rd Circ. Ruling

The Third Circuit's ruling that courts, rather than arbitrators, should decide whether classwide arbitration is available when an agreement is silent on that point will encourage some employers that had been on the fence about arbitration to embrace it as a means to counter the surging tide of costly wage-and-hour class actions, lawyers say.

  • Apple Tells Fed. Circ. To OK $930M Samsung Patent Verdict

    Apple Inc. on Monday urged the Federal Circuit to uphold a $930 million judgment as part of an ongoing smartphone patent infringement suit against Samsung Electronics Co. Ltd., saying its rival presented no evidence to overturn a jury's infringement verdict and damages award.

  • Ex-Jenkens & Gilchrist Atty Gets 6 Months In $7B Tax Fraud

    Erwin Mayer, a former Jenkens & Gilchrist PC attorney who pled guilty to participating in a $7 billion tax shelter scheme and later testified against others at the firm including Paul Daugerdas, was sentenced in New York federal court on Wednesday to six months in prison.

  • Rakoff Orders BofA To Pay $1.3B In Mortgage Fraud Case

    U.S. District Judge Jed S. Rakoff of New York’s Southern District has ordered Bank of America Corp. to pay a nearly $1.3 billion fine for defrauding Fannie Mae and Freddie Mac through a program designed to speed up mortgage issuing, according to an opinion filed Wednesday.

  • Enterprise Seeks New Trial After $500M Pipeline Judgment

    Enterprise Products Partners LP will seek a new trial against Energy Transfer Partners LP, its former ally in a crude oil pipeline project that won a $536 million judgment Tuesday after a jury found the two energy giants had formed a binding partnership to build the line.

  • Quaker Will Remove Trans Fats As Part Of Class Deal

    A California federal judge on Tuesday approved The Quaker Oats Co.’s settlement agreement in class action litigation accusing the company of falsely marketing its products as healthy despite containing trans fats, a deal under which the company promises to remove partially hydrogenated oils, or PHOs, from some products.